Business


Samsung Australia recalls 50000 Galaxy Note 7 phones

The Korean vendor confirmed last week that it will replace 2.5 million of the devices in 10 countries amid concerns they could explode or catch fire while charging. The Galaxy Note 7 was charging with its original charger. It comes at a devastating time for Samsung , as rival Apple launches its new iPhone. If you have a Galaxy Note 7 or have one on pre-order, full details of the Exchange Programme can be found on the Samsung website .


Employers turn to workers to help slow health cost growth

Employers turn to workers to help slow health cost growth

But 3.4 percent is still faster than recent economic growth, which determines the country's long-run ability to afford health care. This KHN story can be republished for free (details). Although the Affordable Care Act included a cap on out-of-pocket spending for plans sold through the marketplaces, there are no such rules for insurance offered on the employer market.


NY settles with 4 companies to stop tracking children online

NY settles with 4 companies to stop tracking children online

The four companies evaluated by the probe produce some of the Internet's most popular children's sites including Nickelodeon and Nick Jr . under Viacom, Barbie , Fisher-Price, and Hot Wheels from Mattel, Hasbro's My Little Pony and Nerf , and Neopets from JumpStart.



Volkswagen engineer pleads guilty in emissions scandal

Such cooperation is generally a sign that federal prosecutors are seeking to charge others in a scheme. Within VW, it was referred to as the U.S. '07 project. Liang to cooperate with German law enforcement. Liang could receive a lighter sentence if the government determined his assistance to be substantial.



Tesla is upgrading radar vision in its cars to improve Autopilot

CEO of the company Elon Musk said that the development of Autopilot had progressed and could have prevented the accident in Florida. Sunday's news comes in the wake of a May crash involving a Tesla Model S that was using the semi-autonomous mode at the time.


Reliance Infrastructure's Q1 net profit up 7%

Reliance Infrastructure's Q1 net profit up 7%

The company's revenue has declined by 0.19 per cent to Rs 2679 crore in Q1FY17 as compared to same period in previous financial year. The company said discussion is in "advanced stage with PSP Investments of Canada for 49 stake sale in Mumbai power business".